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In 2025, low-income UK pensioners could be entitled to weekly Pension Credit payments of up to £346.60, depending on their circumstances.
This financial support, provided by the Department for Work and Pensions (DWP), aims to help older adults cover essential living expenses—especially those who rely solely on the State Pension.
Whether you’re single or in a couple, Pension Credit can significantly top up your income and even open access to additional benefits such as free NHS dental care, Cold Weather Payments, and Housing Benefit.
What Is the DWP £346 Pension Credit?
The DWP £346 Pension Credit is a means-tested benefit designed to increase the weekly income of retirees aged over the State Pension age. It consists of two main parts:
- Guarantee Credit – Brings your weekly income up to a minimum level.
- Savings Credit – Extra money for people who’ve modestly saved for retirement.
Updated 2025 Weekly Pension Credit Rates
Below is a summary of the current Pension Credit rates:
| Category | Weekly Amount |
|---|---|
| Single (Guarantee Credit) | £227.10 |
| Couple (Guarantee Credit) | £346.60 |
| Savings Credit (Single) | £17.01 |
| Savings Credit (Couple) | £19.04 |
| Severe Disability Addition | £82.90 |
| Carer Addition | £46.40 |
| Child Addition (per child) | £61.88 |
These amounts are adjusted annually and help protect elderly individuals from financial insecurity.
Who Is Eligible for the £346 Pension Credit?
To claim the DWP £346 Pension Credit in 2025, you must meet the following criteria:
- Live in England, Scotland, or Wales
- Have reached State Pension age
- Your weekly income must be below:
- £227.10 if you’re single
- £346.60 if you’re a couple
Important: If you have savings over £10,000, it will affect how much Pension Credit you can get. For every £500 over the threshold, your income is considered increased by £1/week.
Even if you own your home or have some savings, you may still qualify for a partial award, which can still unlock other valuable benefits.
How to Apply for Pension Credit in 2025
Claiming is quick and straightforward. Here are your options:
- Online: Visit the Pension Credit page on the official government website.
- Phone: Call 0800 99 1234 (Mon–Fri, 8 a.m. – 6 p.m.).
- Post: Download the form from gov.uk, fill it in, and mail it to the Freepost address provided.
Applications are generally processed within 50 working days, and backdated payments may be included if eligible.
Why You Shouldn’t Miss Out
More than 750,000 pensioner households are still missing out on millions in unclaimed Pension Credit each year.
DWP estimates that the average yearly benefit is £4,300, or over £80 per week. Some applicants could see weekly increases of £346 or more based on their household and disability status.
Moreover, receiving even a small amount of Pension Credit can qualify you for other benefits, such as:
- TV Licence discount
- Council Tax Reduction
- Warm Home Discount
The DWP £346 Pension Credit 2025 is a vital financial safety net for thousands of pensioners struggling with the rising cost of living.
Whether you live alone or with a partner, if your income is below the specified thresholds, you’re encouraged to check your eligibility and claim weekly financial support.
With simple application methods and potential backdated payments, applying now could make a significant impact on your finances for the rest of the year.
FAQs
Can I apply for Pension Credit if I already get State Pension?
Yes. Pension Credit is a separate benefit and can top up your income if your weekly pension is below the minimum threshold.
Do savings affect my Pension Credit eligibility?
Yes. If you have savings over £10,000, DWP will add £1 to your weekly income for every £500 above the threshold to calculate your entitlement.
Is it worth applying for a small amount?
Absolutely. Even a £1 weekly Pension Credit payment can give access to additional benefits, saving you hundreds of pounds annually.